Seoul, July 28 -- Seoul-based Hyundai Steel returned to profitability in the second quarter of 2025, reporting an operating profit of 101.8 billion won (approximately USD 73.6 million) and a net profit of 37.4 billion won (approximately USD 27 million), as reported by the Korea Herald.

The company's total sales for the quarter reached 5.94 trillion won (nearly USD 4.2 billion), marking a 6.9 per cent increase from the previous quarter. This growth was attributed to a rise in product sales, lower raw material costs, and stronger performance from its subsidiaries, according to a recent regulatory filing.

Despite sluggish global demand for steel in the first half of the year, Hyundai Steel is optimistic about a gradual recovery in the seco...